Cost of living in Manchester research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Manchester is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Manchester is 100, with 100 being the average.
The cost of living index in Manchester is 1.0x lower than the national average.
Manchester ranks as the #51 cheapest in Virginia out of 186.
Manchester ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Manchester is $231,200.
The median income in Manchester is $66,941.
According to the most recent data on the cost of living, Manchester has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Virginia, Manchester has a cost of living index that's 1.0x lower than Virginia's index of 102.
The standard of living in Manchester ranks as #51 most affordable out of the 186 places we measured in Virginia. By definition, that implies Manchester ranks as the #135 most expensive place in the Old Dominion.
For more reading on life in Manchester, check out:
Six factors go into calculating the cost of living index in Manchester. Here is how it fairs on each of the criteria:
The Services index in Manchester is 104.
The Groceries index in Manchester is 95.
The Health index in Manchester is 106.
The Housing index in Manchester is 97.
The Transportation index in Manchester is 90.
The Utilities index in Manchester is 103.
Living Expense | Manchester | Virginia | National Average | |
---|---|---|---|---|
Overall | 100 | 102 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 106 | 102 | 100 | |
Housing | 97 | 107 | 100 | |
Transportation | 90 | 95 | 100 | |
Utilities | 103 | 102 | 100 |
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Manchester is $231,200.
The Median Rent in Manchester is $1,323.
The Median Income in Manchester is $66,941.
The Home Value To Income in Manchester is 3.5x.
The Rent To Monthly Income in Manchester is 0.24x.
Statistic | Manchester | Virginia | United States |
---|---|---|---|
Median Home Value | $231,200 | $295,500 | $244,900 |
Median Rent | $1,323 | $1,326 | $1,163 |
Median Income | $66,941 | $80,615 | $69,021 |
Home Value To Income | 3.5x | 3.7x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Item | Manchester | Virginia |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $11.73 | $10.68 |
Bowling | $18.0 | $14.67 |
Haircut | $21.36 | $18.62 |
Beauty Salon | $44.43 | $39.05 |
Item | Manchester | Virginia |
---|---|---|
Ground Beef | $3.61 | $4.22 |
Fried Chicken | $1.05 | $1.39 |
Milk | $1.58 | $2.05 |
Potatoes | $3.16 | $3.29 |
Pizza | $10.13 | $10.62 |
Beer | $9.82 | $9.38 |
Toothpaste | $1.85 | $2.34 |
Item | Manchester | Virginia |
---|---|---|
Optometrist | $116.2 | $108.57 |
Doctor | $139.74 | $116.17 |
Dentist | $99.4 | $99.13 |
Item | Manchester | Virginia |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $46.7 | $50.07 |
Item | Manchester | Virginia |
---|---|---|
All Electricity | $176.41 | $167.67 |
Phone | $177.97 | $175.64 |
The cost of living varies in the cities and towns around Manchester. Here's a quick look at the cost of living in the most populous nearby places:
Richmond, VA has a cost of living index of 99, 1.0x Manchester.
Tuckahoe, VA has a cost of living index of 111, 1.1x Manchester.
Mechanicsville, VA has a cost of living index of 107, 1.1x Manchester.
City | Population | Cost Of Living | Vs. Manchester |
---|---|---|---|
Richmond, VA | 225,676 | 99 | 1.0x |
Tuckahoe, VA | 48,187 | 111 | 1.1x |
Mechanicsville, VA | 37,767 | 107 | 1.1x |
Short Pump, VA | 27,332 | 125 | 1.2x |
Meadowbrook, VA | 19,574 | 101 | 1.0x |
Bon Air, VA | 17,846 | 106 | 1.1x |
Glen Allen, VA | 14,783 | 108 | 1.1x |
Brandermill, VA | 13,745 | 108 | 1.1x |
Wyndham, VA | 12,143 | 139 | 1.4x |
Innsbrook, VA | 8,966 | 116 | 1.2x |